Question

8.
Price spread will be least in marketing of​

Answer 1

goods I guess.........

Answer 2

Answer:

Price spread will be least in the marketing of farm products, green leaves.

Explanation:

• The term "price spread" refers to the discrepancy between the price consumers pay and the producer's net price for a comparable amount of agricultural produce.
• It is stated as a percentage of the cost to the consumer.
• Price spread =(consumer price - Net price of producer) × 100 ÷    Consumer price

Market efficiency:

• It measures the proportion of marketing input to market output (cost of resources).                                      

Relationship between price spread and market efficiency:

• Price spread is inversely proportional to the market efficiency.
• For the market to operate properly, the farmer should receive a price spread of greater than 50%.

Hence, price spread will be the least in marketing farm products, especially green leaves.

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